The 2025 GMC Yukon Denali has officially launched in China via the company’s The Durant Guild platform, offered in Denali and ...
GM is struggling to keep up with China's rapid transition to new energy vehicles (NEVs) and competition from local OEMs.
The company’s brands and products are clearly out of favor in the world’s largest market, and the escalating trade war between China and the US is not helping. GM invested heavily in ...
SAIC-GM-Wuling and battery manufacturer CATL will develop a new commercial EV battery swapping strategy in China, with ...
Automakers who have invested billions in electric tech now fear they’ll be rendered uncompetitive if the new administration ...
GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...
Only in 2022 did Chinese authorities allow foreign car companies to fully own their local production. But it was a lucrative ...
Even before the cost-cutting measures, GM was already on track to surpass its 2022 record profit of $14.5 billion. The company’s third-quarter results were strong, with an adjusted profit of $3.4 ...
The US car industry is gradually becoming smaller, less influential and, eventually, less profitable and financially ...
Major carmakers like Ford, GM, Stellantis, and VW have announced layoffs and factory closures in recent weeks amid industry ...